DM -Digital Media- Tech, Co. of Korea to Represent TTR's Anti-piracy Products.NEW YORK--(BUSINESS WIRE)--June 25, 1998--TTR, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). EBB: TTRE TTRE Ticket to Ride Europe (board game) ) announced today a representation agreement with DM (Digital Media) Tech, Co., from Seoul, Korea to support marketing and sales of TTR's anti-piracy products in South Korea. "We are pleased with the opportunity to become a TTR TTR Transthyretin TTR Ticket To Ride (World Snowboard Tour) TTR Transformer Turns Ratio (electric power transmission and distribution) TTR Time To Repair TTR Time to Read representative. In Korea, the demand for a copy protection solution is quickly increasing. Preliminary research with local industry contacts leads us to believe that many business deals will soon follow with both publishers and disc manufacturers," said Jay Heo, President of DM Tech. DM Tech. CO. is located at No. 4-522, Electronics Dept. 51-30, Wonhyo 3-ga, Yongsan-gu Seol, 140-113, Korea, telephone: +82 2 7198333, fax: +82 2 7198334, e-mail: KoreaSales@ttrtech.com. The assignment of a representative in Korea provides improved local marketing and sales support for DiscGuard(TM) and DiscAudit(TM) products to Korean software publishers and content providers, and supports the integration of the technology into local mastering and disc manufacturing plants. "We're very pleased to appoint DM Tech and its president, Mr. Jay Heo, as a representative in Korea," said Arik Shavit, VP Business Development, Marketing and Sales at TTR Inc. "Mr. Heo and DM Tech have the in-depth knowledge of the mastering and replication industry, and the necessary resources to open the Korean market for TTR. Mr. Heo also has excellent relationships in the relevant industries. "This appointment in Korea takes us one more step closer to becoming a global organization and establishing TTR's DiscGuard as the industry standard for intellectual property protection," said Mr. Shavit. "Asia, where piracy rates are among the highest in the world, is a continent with high demand for our anti-piracy products. We feel strongly that DM Tech's strengths, combined with the DiscGuard advantage, now make it easier for Korean software and game developers, publishers and disc manufacturers to better protect their intellectual property and increase market share." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a report by the Software Publishers Association (SPA), the software piracy The illegal copying of software for distribution within the organization, or to friends, clubs and other groups, or for duplication and resale. The software industry loses billions of dollars each year to piracy, and although it may seem innocent enough to install an application on a rate in Korea is approximately 70% for all personal computer business applications, with losses to U.S. business software publishers approaching $200 million. TTR's DiscGuard technology authenticates and protects optical media such as CD-ROMs and DVDs from illegal replication and addresses both the problems of illicit mass-production of software or other electronic content (counterfeiting) and copying by the casual user with access to low-cost CD-R (CD-Recordable) A writable CD technology using a type of compact disc that can be recorded, but not erased (CD-Rs are "write once" discs). CD-R discs are used to master CD-ROMs, to back up data and to make copies of data for distribution. recorders. Marc Tokayer, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of TTR said, "Software publishers, game developers and replicators are key strategic groups that TTR can help to protect intellectual property. Korea is an important Asian market in these industries. By assigning a representative close to our prospective customers and concentrating on marketing, sales and service in the region, we're making it more convenient for Korean businesses to get to know TTR and DiscGuard protection technology." DiscGuard laser-marks an indelible digital "signature" on optical media at the time of manufacture, without which the software cannot be used. This signature is designed to be read by CD/DVD-ROM disc drives but cannot be duplicated by CD recorders or by re-mastering, making it a highly effective weapon in the battle against the illegal duplication of software, games, video and other content, distributed on optical discs. DiscGuard protection is currently available at Nimbus CD International, Inc. disc mastering and replication facilities. Nimbus, one of the world's largest independent disc replicators, licensed DiscGuard technology at the end of 1997. Its CD/DVD-ROM discs are distributed throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , the United Kingdom and continental Europe Continental Europe, also referred to as mainland Europe or simply the Continent, is the continent of Europe, explicitly excluding European islands and, at times, peninsulas. . DiscGuard also has been licensed to Doug Carson & Associates, Inc., the world's leading supplier of signal processing systems used to create CD and DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. glass masters. TTR Inc. is primarily engaged in the development and marketing of a family of proprietary products that are designed to protect intellectual property rights and prevent the unauthorized reproduction and use of electronic content and media, including software and audio CDs and DVD discs. DiscGuard is a trademark of TTR, Inc. All other trade names are the properties of their respective owners. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Any statements released by TTR Inc. that are forward looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements involve risks and uncertainties which may affect the Company's business and prospects, including economic, competitive, government, technological and other factors discussed in the Company's filings with the Securities and Exchange Commission. This release is available at the KCSA KCSA Krannert Center Student Association KCSA Kentucky Crushed Stone Association (Frankfort, KY) KCSA Kyiv City State Administration KCSA Kalamazoo Christian School Association KCSA Kentucky-Canadian Studies Association Worldwide website at www.kcsa.com. CONTACT: MEDIA Suzanne Sullivan/Henry Feintuch CONTACT: KCSA WORLDWIDE 800 Second Avenue New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10017 (212) 896-1221/1212 (212) 338-9558 (fax) Ssullivan@kcsa.com/Hfeintuch@kcsa.com or COMPANY Robert Friedman, TTR Inc. CONTACTS: (212) 333-3355 (212) 333-7891 (fax) robertf@ttrtech.com or Tamir Roter, TTR Inc. Assistant Vice President +972-9-766-2393 +972-9-766-2394 (fax) http://www.ttrtech.com tamirr@ttrtech.com |
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